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4/22/2019 5:32:20 PM
Posted: 1/22/2013 4:25:26 AM EDT
[Last Edit: 1/22/2013 4:32:28 AM EDT by 505stevec]
I bought a AR-15 at Wal-mart last week for $800 with the intent of selling another I have at a decent profit. Now I cant seem to bring myself to sell. The "What if?" factor got me to thinking that maybe this will be it. I have another AR, several AKs and a couple FALs but...What if?

What do you guys think? How many is enough? Sell make money or keep???
Link Posted: 1/22/2013 4:26:32 AM EDT
Like my grandfather would say.

It aint eattin no hay.
Link Posted: 1/22/2013 4:27:06 AM EDT
Buying a rifle with the intention to resell at profit would be illegal. I'd suggest deleting this.
Link Posted: 1/22/2013 4:27:12 AM EDT
Do you have an AR for each room of the house yet? If not Keep it!
Link Posted: 1/22/2013 4:28:54 AM EDT
Originally Posted By 505stevec:
I bought a AR-15 at Wal-mart last week for $800 with the intent of selling at a decent profit. Now I cant seem to bring myself to sell. The "What if?" factor got me to thinking that maybe this will be it. I have another AR, several AKs and a couple FALs but...What if?

What do you guys think? How many is enough? Sell make money or keep???


Here comes the ATF...
Link Posted: 1/22/2013 4:31:14 AM EDT
Originally Posted By EasTexan:
Originally Posted By 505stevec:
I bought a AR-15 at Wal-mart last week for $800 with the intent of selling at a decent profit. Now I cant seem to bring myself to sell. The "What if?" factor got me to thinking that maybe this will be it. I have another AR, several AKs and a couple FALs but...What if?

What do you guys think? How many is enough? Sell make money or keep???


Here comes the ATF...


Hide your Dag.
Link Posted: 1/22/2013 4:31:42 AM EDT
[Last Edit: 1/22/2013 4:32:53 AM EDT by Admiral_Crunch]

Originally Posted By Aeain:
Buying a rifle with the intention to resell at profit would be illegal. I'd suggest deleting this.

By the letter of the law, it's only illegal if you do it repeatedly and with the intent of making a significant portion of your income doing it. A one-off flip doesn't qualify. Some idiot DA somewhere might over-reach, of course.



Oh, and OP, never sell a gun. I believe that's the rule around here.
Link Posted: 1/22/2013 4:31:53 AM EDT
Originally Posted By Aeain:
Buying a rifle with the intention to resell at profit would be illegal. I'd suggest deleting this.


Oh, I meant that I bought that one to keep and sell another, which is a Bushmaster. Thanks for the correction...
Link Posted: 1/22/2013 4:32:42 AM EDT
Originally Posted By 505stevec:
Originally Posted By Aeain:
Buying a rifle with the intention to resell at profit would be illegal. I'd suggest deleting this.


Oh, I meant that I bought that one to keep and sell another, which is a Bushmaster. Thanks for the correction...


Link Posted: 1/22/2013 4:34:40 AM EDT
If you aren't happy with the rifle, it's your right to sell it privately. It's also anyone right to pay what you're asking or not buy from you.

Free market, you're not breaking a law. Now there's a guy on here hoping to buy a box of 20 uppers for $6000. That'd be a harder story for personal collection than one simple rifle like yourself.
Link Posted: 1/22/2013 4:35:15 AM EDT
Originally Posted By chmodx:
If you aren't happy with the rifle, it's your right to sell it privately. It's also anyone right to pay what you're asking or not buy from you.

Free market, you're not breaking a law. Now there's a guy on here hoping to buy a box of 20 uppers for $6000. That'd be a harder story for personal collection than one simple rifle like yourself.


Uppers aren't weapons.
Link Posted: 1/22/2013 4:35:54 AM EDT
Originally Posted By 505stevec:
I bought a AR-15 at Wal-mart last week for $800 with the intent of selling another I have at a decent profit. Now I cant seem to bring myself to sell. The "What if?" factor got me to thinking that maybe this will be it. I have another AR, several AKs and a couple FALs but...What if?

What do you guys think? How many is enough? Sell make money or keep???


To me, guns are not about "making a decent profit". Guns are a invaluable tool to defend myself, my family and my property. KEEP BOTH
Link Posted: 1/22/2013 4:37:29 AM EDT
Originally Posted By Aeain:
Originally Posted By 505stevec:
Originally Posted By Aeain:
Buying a rifle with the intention to resell at profit would be illegal. I'd suggest deleting this.


Oh, I meant that I bought that one to keep and sell another, which is a Bushmaster. Thanks for the correction...




Yeah
Link Posted: 1/22/2013 4:45:26 AM EDT
Originally Posted By 505stevec:
Originally Posted By Aeain:
Buying a rifle with the intention to resell at profit would be illegal. I'd suggest deleting this.


Oh, I meant that I bought that one to keep and sell another, which is a Bushmaster. Thanks for the correction...


Buying and selling to better your collection is specifically stated by the BATF as NOT business activity.

Perfectly legal.
Link Posted: 1/22/2013 4:47:29 AM EDT
One is NONE
Link Posted: 1/22/2013 4:49:22 AM EDT
Originally Posted By Aeain:
Buying a rifle with the intention to resell at profit would be illegal. I'd suggest deleting this.


Link Posted: 1/22/2013 4:53:49 AM EDT
[Last Edit: 1/22/2013 4:54:05 AM EDT by Aeain]
Originally Posted By Strongbow:
Originally Posted By Aeain:
Buying a rifle with the intention to resell at profit would be illegal. I'd suggest deleting this.




US Code says:
(11) The term “dealer” means

(A) any person engaged in the business of selling firearms at wholesale or retail,
(B) any person engaged in the business of repairing firearms or of making or fitting special barrels, stocks, or trigger mechanisms to firearms, or
(C) any person who is a pawnbroker. The term “licensed dealer” means any dealer who is licensed under the provisions of this chapter.

Some further definitions:
(21) The term “engaged in the business” means—

(A) as applied to a manufacturer of firearms, a person who devotes time, attention, and labor to manufacturing firearms as a regular course of trade or business with the principal objective of livelihood and profit through the sale or distribution of the firearms manufactured;
(B) as applied to a manufacturer of ammunition, a person who devotes time, attention, and labor to manufacturing ammunition as a regular course of trade or business with the principal objective of livelihood and profit through the sale or distribution of the ammunition manufactured;
(C) as applied to a dealer in firearms, as defined in section 921 (a)(11)(A), a person who devotes time, attention, and labor to dealing in firearms as a regular course of trade or business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms, but such term shall not include a person who makes occasional sales, exchanges, or purchases of firearms for the enhancement of a personal collection or for a hobby, or who sells all or part of his personal collection of firearms;
(D) as applied to a dealer in firearms, as defined in section 921 (a)(11)(B), a person who devotes time, attention, and labor to engaging in such activity as a regular course of trade or business with the principal objective of livelihood and profit, but such term shall not include a person who makes occasional repairs of firearms, or who occasionally fits special barrels, stocks, or trigger mechanisms to firearms;
(E) as applied to an importer of firearms, a person who devotes time, attention, and labor to importing firearms as a regular course of trade or business with the principal objective of livelihood and profit through the sale or distribution of the firearms imported; and
(F) as applied to an importer of ammunition, a person who devotes time, attention, and labor to importing ammunition as a regular course of trade or business with the principal objective of livelihood and profit through the sale or distribution of the ammunition imported.

(22) The term “with the principal objective of livelihood and profit” means that the intent underlying the sale or disposition of firearms is predominantly one of obtaining livelihood and pecuniary gain, as opposed to other intents, such as improving or liquidating a personal firearms collection: Provided, That proof of profit shall not be required as to a person who engages in the regular and repetitive purchase and disposition of firearms for criminal purposes or terrorism. For purposes of this paragraph, the term “terrorism” means activity, directed against United States persons, which—
(A) is committed by an individual who is not a national or permanent resident alien of the United States;
(B) involves violent acts or acts dangerous to human life which would be a criminal violation if committed within the jurisdiction of the United States; and
(C) is intended—
(i) to intimidate or coerce a civilian population;
(ii) to influence the policy of a government by intimidation or coercion; or
(iii) to affect the conduct of a government by assassination or kidnapping.
Link Posted: 1/22/2013 5:00:15 AM EDT
[Last Edit: 1/22/2013 5:00:32 AM EDT by M4md]
See if you can trade it for 5 stripped lowers in the EE

(After you scavenge the BCG of course)
Link Posted: 1/22/2013 6:35:10 AM EDT
[Last Edit: 1/22/2013 6:35:10 AM EDT by DK-Prof]
Not allowed in GD
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